P. Radomski
CFA, Editor & Founder @ Sunshine Profits
Przemyslaw Radomski, CFA, is the founder, owner and the main editor of SunshineProfits.com. You can reach Przemyslaw at: http://www.sunshineprofits.com/help/contact-us/.
P. Radomski Articles
If so, what could make it actually rally?... In yesterday’s article entitled Trump’s Art of the USD, I wrote that the Peak Chaos was likely reached and now the markets are likely to react to even moderate levels of chaos as if the latter...
The USD Index, on the other hand, just broke above its key resistance line. Something absolutely stunning happened over the weekend, and I think most gold investors are missing its profound implications.
The key context for today’s price moves is the looming interest rate decision from the Fed as well as the press conference, where the markets will try to estimate Fed’s next moves. Pretty much everyone is expecting the Fed to keep the...
Today’s big news is gold’s decline despite the escalation of conflict in the Middle East. Despite more rockets flying from Israel to Iran and vice versa, gold – the safe-haven asset declined instead of rallying.
When everyone gets on the same side of the boat – you want to be on the other side.And right now, it looks like everyone didn’t just move to one side of the boat, but they invited everyone they knew to join them. At least, that is how it...
Platinum is soaring and palladium jumped higher, too. Both serve as important signals, especially the former.
The USD Index is bottoming – check. It moved to a super-strong combination of long-term support levels – double check. The USDX declined after Trump’s comments just like it had declined in early 2018 after Mnuchin’s comments (which led to...
The “sell America” trade is getting a lot of attention these days, but it seems that enough is enough. The about-to-be-hiked tariffs for the EU were delayed by a month (precisely: to at least July 9), and it looks like we’re getting the...
Almost there. At least that’s what it seems like based on today’s charts. There is some action in all of them, but the two ones provide key information: the S&P 500 Index futures chart and the chart featuring the USD Index.
So, Moody’s downgraded U.S. sovereign credit rating from AAA to AA1, which means that the U.S. debt is no longer top-rated. This was the last of the major agencies to cut this rating. What does it change?
